What is socio economic profile?

What is socio economic profile?

The Municipal Socio – Economic Profile is the consolidation of all data. Description, facts, figures and statistics of the Municipality of Magsaysay including its physical and environmental condition. The compilation of all these things has been made a ready reference for those in need of them.

What is the economic condition of Assam?

GDP. ₹4.81 lakh crore (US$63 billion) (2022–23 est.) GDP rank. 17th.

What is the GDP of Assam 2021?

The Gross State Domestic Product (GSDP) of Assam for 2021-22 (at current prices) is projected to be Rs 3,77,102 crore. This is an annual increase of 4% over the GSDP of 2019-20. The GSDP for 2021-22 is estimated to be 0.9% higher than the revised estimate of GSDP for 2020-21 (Rs 3,73,872 crore).

What are the problems of economic development in Assam?

Unemployment, poverty and low income or inequality of income becomes the major factor in the growth of population and low wealth. Natural calamities – Floods and droughts hit Assam every now and then with that many other calamities also take place.

Why Assam is economically backward?

The condition of roads and bridges in Assam are still deplorable and there is no provision for running water and electricity supply is erratic or uvailable, there no provision for sanitation, children still walks for miles to go to schools, most of which have no drinking water, toilets, play grounds so vital for their …

What is the biggest industry in Assam?

Large Industries

S.N. Name & Address of the units Investment (Rs in Cr)
1 Indian Oil Corporation Ltd Digboi Refinery, Tinsukia 349.75
2 Oil India Ltd, Duliajan, Dibrugarh 9348.58
3 Indian Oil Corporation Ltd, Guwahati Refinery, Kamrup 1085.00
4 ONGC L, (Assam assets), Nazira, Sivasagar 2000.00

Why is Assam in poverty?

The lower level of poverty in upper compared to lower Assam is mainly due to higher urbanization. Also two big industries- Petroleum and Tea are concentrated in upper Assam. In upper Assam, poverty is also linked to the flooding of Brahmaputra, which in one sweep can push families into poverty overnight.

  • August 12, 2022